Here, let us take a look at some of the important facts about the country Paraguay. Paraguay (officially: Republic of Paraguay) is a country in Americas, precisely in South America, with a population of about 7.0 Millions inhabitants today (2024-12-22). The capital city of Republic of Paraguay is AsunciĆ³n, and the official country TLD code is .py. Paraguay has cca2, cca3, cioc, ccn3 codes as PY, PRY, PAR, 600 respectively. Check some other vital information below.
Several Indigenous groups, principally belonging to the Guarani language family, inhabited the area of modern
Paraguay before the arrival of the Spanish in the early 16th century, when the territory was incorporated into the Viceroyalty of
Peru.
Paraguay achieved its independence from
Spain in 1811 with the help of neighboring states. In the aftermath of independence, a series of military dictators ruled the country until 1870. During the disastrous War of the Triple Alliance (1864-70) -- fought against
Argentina,
Brazil, and
Uruguay --
Paraguay lost two thirds of its adult males and much of its territory. The country stagnated economically for the next half-century and experienced a tumultuous series of political regimes. Following the Chaco War of 1932-35 with
Bolivia,
Paraguay gained a large part of the Chaco lowland region. The 35-year military dictatorship of Alfredo STROESSNER ended in 1989, and
Paraguay has held relatively free and regular presidential elections since the country's return to democracy.